https://ca.finance.yahoo.com/news/30-something-couple-got-rich-090000502.html
They put 60 per cent in stocks and 40 per cent in fixed income investments like corporate bonds. That ratio shifted when the market turned volatile.
By late 2014, Shen and Leung say they doubled their money to $1 million.
Their investments continued to grow so the two decided to ditch their jobs last year. They don't even pay rent now because they're always travelling.
They live on $30,000 to $40,000 a year, money that largely comes from dividend payments generated from their stock portfolio.
Unlike owning a million-dollar home, says Leung, "if you have a million-dollar portfolio, it pays you."
Of course, not every millennial has $500,000 to invest and there are no guarantees in life that the markets won't let you down. But Shen and Leung claim anyone can easily learn how to build on their savings, no matter how small the amount. They say the returns will likely be better than buying a home with a big mortgage and related expenses like property tax.
